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Posted by
benshagbark
on 2011-06-25

PUBLIC:

I pitched Jim A numerous times over a relattively long period (over a year), eventually securing an investment when we continued to hit the metrics that we had projected. That is the kind of thing that works with Rincon. Jim is an analytical guy and seems less prone to the giddy exuberance-balanced-by-obvious-boredom-depending-on-the-scenario traits that many other VCs have. I am not sure they are the place to go if you think you have some buzz-heavy-but-substance light startup, as they will be skeptical, but both Jim and John are both great guys to know in general and are the kind of VCs who will always be helpful. Although they are based in Santa Barbara, you will see Jim out at LA networking events more than many VCs who live in town, so I certainly wouldn't consider that a negative. Like most SoCal VCs their bias tends to be more towards "transaction-based" rather than "eyeballs-based" startups, but they do seem to have a pretty broad portfolio. The other thing I'd say about them is they both seem to be really fair guys (not that they are pushovers by any stretch).